European markets have opened lower today, tracking overnight losses on Wall Street, after minutes from the US Federal Reserve’s October policy meeting indicated the US central bank could start to scale back its massive asset-purchase programme in the next few months.
Closer home, investors await the release of UK public sector net borrowing data and CBI’s industrial trend survey report, due later in the day. Preliminary manufacturing and services PMI data from the Eurozone as well as ECB President Draghi’s speech in Berlin would also remain on investors’ radar to get fresh hints on the region’s economic health.
European markets have opened lower today, tracking overnight losses on Wall Street, after minutes from the US Federal Reserve’s October policy meeting indicated the US central bank could start to scale back its massive asset-purchase programme in the next few months.
Closer home, investors await the release of UK public sector net borrowing data and CBI’s industrial trend survey report, due later in the day. Preliminary manufacturing and services PMI data from the Eurozone as well as ECB President Draghi’s speech in Berlin would also remain on investors’ radar to get fresh hints on the region’s economic health.
Related Posts: